Question: 3. Monthly electricity consumption data for two years is given bydata2={464, 675, 703, 887, 1139, 1077, 1318, 1260, 1120, 963, 996,960, 530, 883, 894, 1045,
3. Monthly electricity consumption data for two years is given bydata2={464, 675, 703, 887, 1139, 1077, 1318, 1260, 1120, 963, 996,960, 530, 883, 894, 1045, 1199, 1287, 1565, 1577, 1076, 918, 1008,106N}
Forecast the next years (monthly) electricity consumption by employing anappropriate Holt-Winters method. Let Alpha = 0.2 Beta = 0.1 Gamma = 0.1 :Determine theinitial values for level, trend and seasonality.Nis the last digit of your studentnumber N=8
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